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ein Anlageprodukt zur Tilgung besparen

English translation: During the term of the loan you only pay interest and

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17:04 Aug 1, 2004
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: ein Anlageprodukt zur Tilgung besparen
Context: Financing of a property purchase

Der Zinssatz ist an den EURIBOR (Zinssatz f¨¹r Euro-Finanzierungen zwischen Banken) gebunden und wird regelm
Stefanie Sendelbach
Germany
Local time: 15:42
English translation:During the term of the loan you only pay interest and
Explanation:
save into an investment plan (scheme) for final repayment.


Instead of making payments consisting of interest and repayments each month or quarter only interest is paid on the loan and some kind of financial product is used to pay the loan off at the end of the term in one fell swoop, presumably because this is thought to bring higher returns than gradually reducing the debt throughout the term.

Selected response from:

Anne Gillard-Groddeck
Local time: 15:42
Grading comment
Hi Anne, thanks for your answer. You helped a lot. Have a nice day!!
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1During the term of the loan you only pay interest andAnne Gillard-Groddeck


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
During the term of the loan you only pay interest and


Explanation:
save into an investment plan (scheme) for final repayment.


Instead of making payments consisting of interest and repayments each month or quarter only interest is paid on the loan and some kind of financial product is used to pay the loan off at the end of the term in one fell swoop, presumably because this is thought to bring higher returns than gradually reducing the debt throughout the term.



Anne Gillard-Groddeck
Local time: 15:42
Native speaker of: Native in EnglishEnglish
PRO pts in category: 22
Grading comment
Hi Anne, thanks for your answer. You helped a lot. Have a nice day!!

Peer comments on this answer (and responses from the answerer)
agree  Wenjer Leuschel: Yes, there are such investment plans.
2 hrs
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